Northern Trains Limited
Passenger rail transport, interurban · York
ActiveUnited KingdomIncorporated 1995Private Limited Company
Financial position
Accounts to 2026-03-31 · GBP · Company accounts
Net assets
£41,255,000
Cash
£58,974,000
Turnover
£1,205,979,000
Profit / loss
£7,084,000
Current assets
£153,940,000
Creditors < 1 year
£262,356,000
Equity
£41,255,000
Average employees
7,694
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2026-03-3112 months · Company · AI-read | 2025-03-31Company · AI-read | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet | |||||||||
| Net assets | £41,255,000 | £50,187,000 | £1 | £1 | £1 | £1 | £1 | £1 | £1 |
| Equity | £41,255,000 | £50,187,000 | £1 | £1 | £1 | £1 | £1 | £1 | £1 |
| Retained earnings | £32,162,000 | £50,078,000 | — | — | — | — | — | — | — |
| Assets | |||||||||
| Fixed assets | £325,753,000 | £259,741,000 | — | — | — | — | — | — | — |
| Intangible assets | £2,528,000 | £351,000 | — | — | — | — | — | — | — |
| Property, plant & equipment | £85,447,000 | £83,331,000 | — | — | — | — | — | — | — |
| Current assets | £153,940,000 | £148,093,000 | — | — | — | — | — | — | — |
| Cash at bank | £58,974,000 | £59,142,000 | — | — | — | — | — | — | — |
| Debtors | £85,243,000 | £80,402,000 | — | — | — | — | — | — | — |
| Stock | £9,723,000 | £8,549,000 | — | — | — | — | — | — | — |
| Liabilities | |||||||||
| Creditors | £438,438,000 | £357,647,000 | — | — | — | — | — | — | — |
| Creditors within one year | £262,356,000 | £259,784,000 | — | — | — | — | — | — | — |
| Creditors after one year | £176,082,000 | £97,863,000 | — | — | — | — | — | — | — |
| Net current assets | −£108,416,000 | −£111,691,000 | — | — | — | — | — | — | — |
| Profit & loss | |||||||||
| Turnover | £1,205,979,000 | £1,138,715,000 | — | — | — | — | — | — | — |
| Other operating income | £13,138,000 | £27,881,000 | — | — | — | — | — | — | — |
| Operating profit | £17,060,000 | £10,592,000 | — | — | — | — | — | — | — |
| Interest receivable | £2,364,000 | £2,453,000 | — | — | — | — | — | — | — |
| Interest payable | £9,021,000 | £2,231,000 | — | — | — | — | — | — | — |
| Profit before tax | £10,403,000 | £10,814,000 | — | — | — | — | — | — | — |
| Tax | £3,319,000 | £3,242,000 | — | — | — | — | — | — | — |
| Profit / loss | £7,084,000 | £7,572,000 | — | — | — | — | — | — | — |
| Operating costs | |||||||||
| Depreciation | £14,433,000 | — | — | — | — | — | — | — | — |
| Amortisation | £322,000 | — | — | — | — | — | — | — | — |
| People & pay | |||||||||
| Average employees | 7,694 | 7,267 | — | — | — | — | — | — | — |
| Staff costs | £483,239,000 | £431,943,000 | — | — | — | — | — | — | — |
| Wages & salaries | £411,062,000 | £372,058,000 | — | — | — | — | — | — | — |
| Social security costs | £47,915,000 | £39,353,000 | — | — | — | — | — | — | — |
| Pension costs | £24,262,000 | £20,532,000 | — | — | — | — | — | — | — |
| Directors' remuneration | £879,000 | £980,000 | — | — | — | — | — | — | — |
| Highest paid director | £306,000 | £290,000 | — | — | — | — | — | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 2026-03-31 say about themselves, read by AI from the scanned filing.
- Comparatives
- Prior-year figures were restated
- What it does
- passenger rail · railway operations · train services · rail infrastructure · customer information screens · driver training (AI keywords)
- The year
- In 2025/26, a total of £19.9m was invested in capital projects and there is a pipeline of new phases to existing projects scheduled for the coming years.
- Outlook
- There is a pipeline of new phases to existing projects scheduled for the coming years.
- Auditor
- Comptroller and Auditor General (Statutory Auditor), National Audit Office · senior statutory auditor Paul Hewitson
- Audit opinion
- Clean (unmodified)
- Immediate parent
- DfT Operator Limited · England and Wales
- Ultimate parent
- Secretary of State for Transport
- Ultimate controlling party
- Secretary of State for Transport
- Accounts
- FRS 101
- Approved
- 2026-07-02, signed by Patricia Williams
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesNo charges available in our records.